Should I Buy a New or Used Car?

The decision to buy a new or used car is a huge challenge that faces modern car shoppers due to the obvious advantages that make each option the right alternative. For instance, while buying a new car promises mouth-watering benefits, you'll save more money when you buy a used vehicle.

Since you'll have to make a long-term commitment to your purchased vehicle, extreme consideration should be made to close a good business deal.

Read to familiarize yourself with all that is involved in buying new or used vehicles, and if you still need more help, don't hesitate to contact our team at Marlow Motor Company, Front Royal, VA.

High-class Benefits of Buying New Vehicle

A brand-new car has an undeniable appeal, from its bright paint to its new-car fragrance to its free roadside assistance coverage and spotless interior; buying one sure comes with top perks that will tempt you to push forward with the transaction.

It's unlikely that anything will go wrong with most new cars because of their excellent track records for dependability. Even if something does go wrong, it will most likely be covered by the manufacturer’s warranty.

Also, if you spend more time on the road due to your business schedules or are just worried about the environmental impact on your vehicle, you'll enjoy better gas mileage for fuel-efficiency. Since most new vehicles are likely to meet the latest fuel efficiency and safety criteria, you have nothing to worry about when it comes to enjoying the latest tech and safety features for a transformed road experience.

Buying Used Vehicle Could Be a Good Option

New cars, as we all know, rapidly depreciate as soon as they are out of the dealer’s lot. Even data obtained from CarFax indicate that new cars lose 10% in value in their first month, which further drops to 20% after the first year.

On the other hand, used vehicles have already depreciated, which means they're far less expensive than newer models. Shoppers on a limited budget or those looking for a deal can opt for used cars as they make economic sense. Buying used cars for up to a year or two allows you to avoid most depreciation that happens very slowly this time.

When you opt for a fairly new vehicle, you are paying less money compared to when you buy a new one and saving yourself the stress of high auto insurance rates that come with new cars. In most cases, you save up to $5,000, which you can use to settle other bills.

Visit Marlow Motor Company for an Informed Decision

The choice to buy either a new or a used car is up to you to make. Each of them is an excellent option with perks that will interest you. However, you have to also know the cons involved with any decision you make.

For instance, you'll have to deal with a plummeting initial car depreciation that newly bought vehicles face. Although, not every vehicle loses much value in less time because some brands are renowned for holding their values superbly. On the other hand, when you buy a used vehicle and hold for long, you'll have a lower trade-in value if you want to exchange for a brand new car.

Remember, buying a new or used car isn't entirely a financial decision; there are many other factors to consider. The used lot and new-car showroom are good places to begin your research but don't forget to take into account your long-term financial needs as well.

Still confused with the right car to buy, visit us at Marlow Motor Company, Front Royal, VA, to learn more about our new and used car specials, and our experienced sales staff will be there to guide you to make the best choice.